Current Dollar to Naira Black Market 2nd August 2022, Dollar to Naira exchange rate today 02/08/2022, Dollar to Naira CBN exchange rate today.
How much is dollar to Naira black market today 2nd August 2022? How much is 1 dollar in Naira? What is the dollar to naira CBN and black market exchange rate today?
Another shocking news has it that Naira has fallen again against dollars. The high exchange rate of dollar to naira has shown that Naira has dipped again.
How much is Dollar to Naira Black Market 2nd August 2022
As of today 2nd August 2022, the dollar to Naira black market exchange rate is N700. $1 USD dollar is exchange for N690 – N700 in the the black market.
We have also received reports that 1 dollar sells between N690 to N710 in some states like Kano, Lagos, Enugu, Abuja, Port Harcourt, Uyo, etc.
Dollar to Naira Today CBN Rate 2nd August 2022?
As of today 2nd August 2022, the dollar to Naira Central Bank of Nigeria (CBN) exchange rate is N415. $1 USD dollar is exchanged for N415 at CBN exchange rate.
CBN Rate Breakdown
Currency | Buying(NGN) | Central(NGN) | Selling(NGN) |
US DOLLAR | 415.9 | 416.4 | 416.9 |
POUNDS STERLING | 508.3546 | 508.9657 | 509.5769 |
EURO | 425.4657 | 425.9772 | 426.4887 |
SWISS FRANC | 437.6052 | 438.1313 | 438.6574 |
YEN | 3.1389 | 3.1426 | 3.1464 |
CFA | 0.6265 | 0.6365 | 0.6465 |
WAUA | 549.1253 | 549.7854 | 550.4456 |
YUAN/RENMINBI | 61.5756 | 61.6501 | 61.7246 |
RIYAL | 110.7295 | 110.8626 | 110.9957 |
SOUTH AFRICAN RAND | 25.189 | 25.2192 | 25.2495 |
Note: This data was gathered on 1/08/2022 and is subject to change at any time. For accurate information on this, visit the CBN exchange rate portal via https://www.cbn.gov.ng/rates/exchratebycurrency.asp
Dollar to Naira Bank Rate 2nd August 2022
Different commercial banks across Nigeria has varying dollar to naira transactional exchange rate. Although the CBN has fixed N415, some commercial banks still charge more than this.
Banks Exchange Rate Breakdown
Bank Name | Amount in Dollar | Exchange rate to Naira |
GTBank | $1 | ₦ 490 |
Access Bank PLC | $1 | ₦ 505 |
UBA | $1 | ₦ 503 |
Ecobank | $1 | ₦ 480 |
Stanbic IBTC Bank | $1 | ₦ 475 |
Zenith Bank PLC | $1 | ₦ 480 |
Fidelity Bank | $1 | ₦ 533 |
Sterling Bank | $1 | ₦ 480 |
Union Bank | $1 | ₦ 414 |
Standard Chartered Bank | $1 | ₦ 463 |
Wema Bank | $1 | ₦ 461 |
Note: This data was gathered on 1/08/2022 and is subject to change at any time. For accurate information on this, Visit each of the bank’s exchange rate portal to see the latest update.